In the last couple of months more than 200,000+ new representatives joined OneCoin which brings the total base at 1.8 million distributors.
Recently OneCoin has held their China event in Macau.
The event, which took place at the Macau Fisherman’s Wharf Convention and Exhibition Center, was seen as one of the most important financial conferences in the region, explaining how OneCoin intends to become the cryptocurrency in the world and what makes the OneCoin products unique on the financial market.
OneCoin CEO and Founder Ruja Ignatova made important announcements about the company, including the new One Net Upi bank cards, issued in association with UnionPay.
UnionPay cards can be used in 141 countries and regions around the world, making it the third-largest payment network by value of transactions processed, behind Visa and MasterCard.
The company gives the possibility
Tag Archive for CEO
Hot Business News Today
Tiens CEO Li Jinyuan Gives 2,500 Employees Surprise Trip to Spain
by Ted Nuyten • • 0 Comments
Two and half thousand Chinese workers have been enjoying the sights of Madrid after their boss stumped up $7 Million to take them on a Spanish holiday.
Li Jinyuan, the billionaire owner of direct-sales firm Tiens Group, chartered 20 planes and booked 1,650 hotel rooms for the party. After their Madrid visit, the workers will board four specially reserved high-speed trains to Barcelona.
The Chinese tourists visit the bullring in Morazarzal for a ‘bloodless’ bullfight.
On Friday morning, the Moralzarzal bullring was a sea of blue caps and selfie sticks as the group attended a “bloodless” bullfight preceded by a flamenco dancing display. The workers then enjoyed a lunch of paella and sangría.
“We chose Spain because the people are warm, friendly and passionate,” said Li Zongmin, the magnate’s son and a Tiens vice-president. “Furthermore, the
Hot Business News Today
Youngevity Q1 Revenue Up 3% To $38.2 Million
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the first quarter ended March 31, 2016.
2016 First Quarter Highlights:
Net Revenues increased 3.8% over the prior year to $38.2 million
Gross Profit increased 15.2% to $23.4 million compared to the prior year
Operating Income increased 211.0% to $1,163,000 compared to the prior year
Adjusted EBITDA increased 72.8% to $2,236,000 compared to the prior year
Gross profit as a percentage of revenues increased to 61.2% compared to 55.1% in the prior year
“The first quarter of 2016 was one of the most active and exciting quarters in the Company’s history,” stated Steve Wallach, Chief Executive Officer of Youngevity International.
He added, “We were excited
Hot Business News Today
Chris Terry – CEO iMarketsLive Interview
by Ted Nuyten • • 0 Comments
International Markets Live, Inc. (iMarketslive), based out of New York, USA bursted into the Direct Selling industry in 2013, and has nowadays approx. 50,000 members.
iMarketsLive provides a full array of retail trading products and services to a global audience for those who want to participate in the Forex & Futures Markets.
iMarketsLive has a bundled their products/services with a Network Marketing compensation plan that allows its IBO’s to earn a generous income by simply sharing their services with others and building a residual income though building a network of IBO’s and customers.
Founder & CEO, Christopher Terry is a multiple 8 figure trader and has been trading & educating in the Forex, Futures, and Equity markets since 1994. Chris has been a Headline speaker at the major derivative conferences, has been mentioned in several books and
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Glen Jensen Rejoins Agel As Group CEO
by Ted Nuyten • • 0 Comments
Glen Jensen, who founded Agel Enterprises and led it to significant global growth during its first six years, is returning to the company in the newly-created position of Group CEO.
The announcement was made today by John Rochon Jr., founder of JRJR Networks [NYSE MKT: JRJR], which acquired Agel in 2013. Mr. Rochon also serves as Agel’s chairman.
“This is a great day for Agel, an emotional homecoming and a powerful affirmation of Agel’s future,” said Mr. Rochon. “Glen passionately shares my ultimate dream of our becoming the largest direct-to-consumer company in the world by 2033. With his return to lead Agel, I believe we’ve just taken another step toward that dream.
“Glen Jensen was the heart and soul of Agel in the days when he established it as a successful business and led its
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iMarketslive Financial Problems And Company Website Off line
by Ted Nuyten • • 0 Comments
Seems iMarketslive is down the drain and not paying commissions any more, the company website has been down the last day several times.
International Markets Live (iMarketsLive), is founded in 2013 by President and CEO Christopher (Chris) Terry and based out of New York in the USA. iMarketsLive offers an educational trading platform (Forex) that provides an opportunity to enter into the trading industry and build a referral network.
According to the company 50,000+ distributors are in the company. According to insiders, Chris Terry runs the office out of hotel room.
Customer service phone number on bank statements goes to a record company in New York. Commissions haven’t been paid for the past two weeks on all parts of the compensation plan except Direct Commissions
The field is being told that customer service is
Hot Business News Today
New Avon LLC Appoints Scott White CEO
by Nicole Dunkley • • 0 Comments
New Avon LLC today announced the appointment of J. Scott White as Chief Executive Officer. Mr. White will join the company effective April 25, 2016.
Mr. White joins New Avon following its recent separation from Avon Products, Inc. and sale of majority ownership to Cerberus Capital Management, L.P.
He will work closely with the New Avon and Cerberus teams to lead a transformation of the North American business through significant improvement in the Representative and consumer experience, reinvigoration of the iconic Avon brand, and a rigorous focus on operational excellence.
Mr. White joins New Avon from Abbott Laboratories, where he most recently served as President of Abbott Nutrition International, delivering consistent revenue growth for the company’s $4 billion international nutrition business.
During his 10-year tenure at Abbott, he held a number of leadership positions, including President of Abbott Nutrition North America.
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Oriflame CEO Honored With 2016 Bravo Leadership Award
by Nicole Dunkley • • 0 Comments
Magnus Brännström, CEO and President of Oriflame, was honored as the recipient of the 2016 DSN Bravo Leadership Award.
Each year, the award goes to one direct selling executive who embodies exceptional leadership qualities—providing inspirational vision for their company, motivating their teams toward a common goal, serving others by equipping them to do the best job possible, and especially by empowering them to reach new heights.
Lauren Lawley Head, Publisher and Editor in Chief of Direct Selling News, and John Fleming, the publication’s Ambassador, presented the award to Brännström at the 2016 DSN Global 100 Celebration, held Thursday evening in Dallas.
Brännström delivered the keynote address at the event, which marked the unveiling of the DSN Global 100, a list of the top revenue-generating direct selling companies in the world, as well as a
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Kannaway Appoints Blake Schroeder As CEO
by Nicole Dunkley • • 0 Comments
The first hemp lifestyle direct sales company to offer cannabidiol (CBD) oil products, Kannaway, LLC, is excited to announce that the Company is expanding its executive leadership team with the addition of Blake Schroeder as Chief Executive Officer.
Schroeder brings significant executive-level experience in multiple international sales organizations.
“Blake has tremendous pedigree in the direct selling space as well as the world of natural products,” states Dr. Stuart W. Titus, CEO of Medical Marijuana, Inc. (OTC:MJNA) the parent company of Kannaway. “His proven track record and leadership experience makes him an ideal candidate to bring forth the promise of Kannaway.”
Before joining Kannaway, Schroeder was the Chief Operating Officer of Forevergreen International, where he was responsible for global operation of the multinational organization, including oversight of a global supply chain. He holds a B.S. in Finance
Hot Business News Today
Thirty-One Gifts CEO Cindy Munroe Inducted Into Enterprising Women Hall Of Fame
by Nicole Dunkley • • 0 Comments
Enterprising Women magazine has recognized Cindy Monroe, President and CEO of Thirty-One Gifts, with induction into the Enterprising Women Hall of Fame, an honor extended to one woman entrepreneur each year.
“We are honored to induct Cindy Monroe into our Hall of Fame for the important work she is doing to advance women’s entrepreneurship and create a lasting legacy in the women’s business community,” said Monica Smiley, Publisher and CEO of Enterprising Women.
Monroe founded Thirty-One Gifts in 2003, aiming to create a business opportunity for women with families. Today, about 85,000 Consultants across the U.S. and Canada sell Thirty-One bags, jewelry and home organization products, supported by a corporate staff of more than 1,000.
The Columbus, Ohio-based company generated revenue of $643 million in 2014, earning the No. 28 spot on the DSN Global